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<br /> ' i 9.Inspecttan. Le;nder or Ets agent�nay makc reasoaable catnrs upaa and ins�xtron4 of th�Pro�rty. Leader shaU --_ �-_
<br /> �--- . '-' : -'-`v.
<br /> ,,,j give fdorrower natice at the time of or prior to an ie�sprctionspecifywg neasous6le�u,c for the inspection. � _ �,;
<br /> � 10. Condemnation. The proceeds of uny award or claim for dar�grs,direcs ar cuns�queatial,ia conn+xtion vrith ,,j •
<br /> , ! any condemnation or oth�r taking of any part of the� Property, or for conveyance m lieu of condemnatiou. mre hereby �. •
<br /> ass�gaed ead shall be paid w l.�nd�r.
<br /> ;`�.� la ti�eveat of a total takins of thc Property. the pro�x�ds shall htl applied to the sums;�cuced by 4his SCCUnty ' . ': " � -
<br /> � In�rumen�whether or not th::n d�us, with any�acrss paid to BorrowCr. in th��v�nt of a partial taking of the PropCrty in , . ' �.
<br /> � which the fair market val�of the Prop�riy immr.diately tr�fore thr,takin� is�qual to or grtiaoer than t[�amount of the
<br />.,.�, sums sacured by t6is Security Instrumant immc�diately 6rfore the taking. unkss Borrower and Leuder otherwise agree in . ,
<br /> writing, tha sums secur�d by ttus Sexwity Insuument sball h,n;durxd by th�s6eount of th�proc��ds muleipGrd by the _-- .-.,—----.-- - -.
<br /> following fraction: (a)t6e tatal amount of the sums s�cuied immediately before the taking. divided by{b)th�fair market • • _
<br /> . value of the Property immediately befon the taking. Any balanca shall be paid to Borrower.In the eveni of a partial taking , , , ; _
<br />� � of the Property in wluc6 the fcair w.`a,t�k•e,,t'Iv-_alae of the Property immediately brfore th�taking is lrss thau the amouat of t6s . �. . - - - -
<br /> ��im tA1PIy�yOIC lLLG 4�g.unless Borrower and I�nder oth�rwis�agree in writing or untess appiicable ' --`—_
<br /> law otherwise provides, the proceeds shall be applied to the sums secus�d by tius S�curity Insdvm�at wh�r or not the • . � -- ,,.:�" .�..t.�.
<br /> curi
<br /> . . sums ase then due. ,� �.•�•:!�_
<br />� . . If tl�e property is abandaaed by Borrov✓er,or if. after aotica by Le�ter to Borrow�r thst th�condamnor of�rs to ,:�.�.�.�
<br /> � ' make an awutd or setus a claim for tlamases.Borrower fails to respond to Leader within 30 days after the date the notica , _.�• _-��_:-�-
<br /> , is given,Lender is suthorized to coltect and apply the proceeds.ai iLs option.eitfi�r to restorarion or r�pair of tGe Property _ '-•.�`'..
<br /> '. or to the s�ms secnnd by this Security Instnimen�wheth�r or not then due. �'.'`�,�
<br /> ' �� Unless Lender and Borrotver oiherwisa ag�in writiag.any applicatioa of proceeds W principal shall aot axtvud or . ' ��
<br /> Postpone�e due date of thz mo�thly payments referted to in paragraphs 1 and 2 or change the amount of such{�ayct�ents. .� .•,,��r
<br /> 11. Borrow�a Not Released; Forbearance By Lendea' Not a Waiver. Exteasion of the time for payment or � � �,�.�_
<br /> fd'
<br /> modification of amortiaaaoa of the sums secaied by this Security Inswment ganted by I.end�r to any successor in interest ���
<br /> of Borrower shall uot aperate to retease the liability of the originai Borrower or Borrower's success�rs in itrterest. Lender
<br />,ss.-., shaU nat be required to commence proceedings agawst�any successor in inierest o��efuse to extend tim�for payment or ,.,�: ��.�`-
<br /> ;�:f�.,. , otherwi.se modify amortization of the sums secured by this Security laswmant by �n of any demand mad�by thu f�: � .�°"._
<br /> -°* . :- originat�orrower or Borrower's saccessors in iffierest.Any fort>esrance by Lender in exereising aay right os remedy shall _..,.,� ._
<br /> 3 r� not be a waiver of or pceclude the exercise of any ri�ht or remedy. �
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<br /> •' � 12. Suscc�sz,�sz�d A.sslgas Baund;Joh�aad Several Uability; Co-sign2rs. The covenaats a�d agneements af `�
<br /> . Wis Secarity Instrwm�2 shall bind and benefit the successois and assigas of I.ender and Borro«•er. sub,�'ect to the ��- ' —
<br /> , provisioas of parag�api� 17. Borrowc�r s covenants and agrrxmeats shall ise joint and several.Any Borcower w6o co-signs "�'"�`�.�
<br /> 8 ,x.��.,. :r.'•:.'.s:
<br />;:;, .;r.� Wis Secarity Insh ment but does not eaecute the Note: (a)is oo-signing this Sacwity Imctru�ent only to mortgage,grant -r..: . I-
<br />.:�;.F. and comrey ti�at Borcowei s interest in tius Property uader t3r: tarms of Wis Security insi�umen� (b) is not pe:sonally { ' ; ,:�,! • � .• �'.}�. "
<br /> "�:;�' - obligated to pay the�:.�s secuced�by this Secunty Instrume�� aad(c)agrers that Leuder and atry other 8orrowea c�y ►; ..�+r �'°,:�
<br /> • w extend, mow'iC�•,forbear or u�ke any accommo d a t i oas wi t h regard t o t h e t e r m s o f t h i s S e c u s i ty I n s d u m ent or 't� :-
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<br />.'�.(� ote widwut that So�wEr's consent. _
<br /> 13. Loan C�duy�s. If t�loan secutr,s��?::�is Security Inswment ia subject to a law which seis maximum loan ���.�,;�
<br /> ;•. '�:�r
<br /> ;�;:�^,:�.,, charges, aad that ts�� is fmaUy "n�rpreted s.�rdr�t the interest or other loan charges cc�llecxed or eo be collected ia ` 4�. ',
<br /> wnnection with tt� Iaan excexd� permiite��ts. thea (a) aay such loan charge� be reduce�by the amount `' _r•',i' y„�,
<br />;'f:��' neczssfury to reduc�t�e charge to�permitted 1�i� and N)say sums akeady collectall tsam Horroa•er which excee�d _ ..�t,-..,.
<br /> n '' "
<br /> permitsed limits w',7!be refimded ta Botrower_ Lendet may choose to make thia refuad�y ie.�tucis„t�principal owed �- "1''�°,, ` ' �fJ,;,,
<br /> � undes the Nota or t�y�aaldng a direct payraent to�orrower.If a refimd reduces principal.the reduc���ur�l ba A�eated as e •���'.;�:---
<br /> � partial ptepayment�out any prepayment charge under tha Note. ''�
<br /> " 14.Nodces. Any norice to Borrower provided for in this Security Ins�ument shall be�iveu by delivering it ar by �� �'.,'
<br />- mailing it by fust class ma91 ualess applicab le law requims use o f ano t her m e r h o d. T he n o t ice s h a l l 6 e d i r o c t e d t o t h e :; r• i,
<br /> property Address or aay other address Bonower designates by notice to Le�er.Any notice to La�er shall be given by =---v'"
<br /> ' firs4 class mail to Le�er's eddrecs stated herein or any other addre.ss Le�er designates by notice ta Borrower.Any notice j �.;�—.-
<br /> • provided for in this Se.cvrity Instrument shall be deemed to have been�iven to Borrower or l.endet when given av provided _°''�� _
<br /> • in this paeagraph. ,'-
<br /> ' IS.Gov�ning Zaw; Severe�Wt9. This Security Instrument shall be governed by federal law and the law of the �`�`��
<br /> : .�-• .x�
<br /> jurisdictlon in which the Pmperty is located. la tha eve�that any provision or clause of tbis Securiry Instrumeat or the •�:,. '�� , �:?���r^�-"
<br />;�;,; Notc:contlicts with apptica62e law. such coaflict shsll not affect other provisions of this S��curity InsWment or tha Note >. . '�. . ';�.
<br /> .-tt��: �. which can be givea effoct withwt the conflicting provision.To�s end the provisions of�s Security Iastrument a*�D�e :,
<br /> Note ate deciared W ba severnbla. . '"t:;:.,:
<br /> 16.Borrower's Capy. Borrower shnll be�nen offi conformed copy of the Nate aad of this S rty Insbvmeas. ,, , ....
<br /> � 17. Tramfer ot the Property or a Ber�:�al Inter�t in Borrower. If ap or aay part of�Property or any �;,��r,�:_ � ._ —
<br /> i�e r e s t in it is sold or transfemed(or if a beneficial interest ia Borrower is sold or treasfemed and Bonower is�at a ,
<br /> . natural person)without Le�er's prior wriuen consent.Ler.d:�r�,y.at its option, require i m m e d iate payment in f u J o f�ll �```'-�'-°°
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<br /> � sums secnmd by tlus S..curity Instrumen� However. this opra�s�aU not be axercised by Lender if exercisa is prohiis��d "';,,;:��;_��, �G;;
<br /> . • by fede�l law es of the date of this Securi Instrument. � � '
<br /> . �y ' ,�fi::...+�
<br /> If Le�er exez;.:ses this option.Lerder s"�:l]give Bonower aorice of axeleration.Tha notice sha13 provide a period ��'•:S::••:-_���'��'
<br /> of not less than 30�s from th9 date the notice is delivered or roailed wi�w6ich Borrower musd pay ap sums secwpd �' �� ` ,•''�:rA�jf'=�'°��
<br /> �.
<br /> ' ' Fortn 3028 /pap 4 61 r� : ; � .
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